New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,395,000
Warehouses
5200 Minnick Rd, Laurel, MD 20707-3138
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1221929
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Construction
BRICK
Total area
36,000 SF
Lot
3.34 ac (145,358 SF)
Zoning code
IH
APN
10-1097278
UPID
US40-1221929
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Gutters-Downspouts-Solar-Roofing Hardware & Home Improvement General Contractor
-
Minnick's Inc. HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.67M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.40M
Owner & transaction history
Minnick Oi LLC · 3 yrs held
Minnick Oi LLC
since 2022
Last sale
$11.0M
5 recorded transactions
Zoning & alternative use
IH · Laurel, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$15.0M
+49.4%
Auto repair, garage
$14.9M
+48.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Laurel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurel submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$12,925,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,555,000
6.5%
$10,665,000
7%
$9,900,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,050,000
Current use
RETAIL STORES
$15,015,000
Change: +49% · Conversion: Moderate
AUTO REPAIR, GARAGE
$14,925,000
Change: +48% · Conversion: Easy
Blend value · Realmo final
$11.40M
Range $10.26M – $12.53M · ±10% · vs last sale $11.00M (Aug 25 2022)
Last sale anchor
$11.00M
Aug 25 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$317 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$69,945
Tax year 2023
Assessed value
$6,290,033
Assessed 2023
Previous assessed
$5,708,400
+10.2% YoY
Effective rate
1.11%
On assessed value
Land market value
$799,400
Improvement market value
$6,653,900
Total market value
$7,453,300
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Total area
36,000 SF
Lot
3.34 ac (145,358 SF)
Zoning code
IH
APN
10-1097278
UPID
US40-1221929
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IH · Laurel, MD
Zoning IH · permitted uses
IH · Laurel, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laurel. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$10.1M
RETAIL STORES
Est. value
$15.0M
AUTO REPAIR, GARAGE
Est. value
$14.9M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
3.34 ac
Current owner
From public records · entity-resolved
Minnick Oi LLC
Entity
Mailing address
1168 WOODMONT AVE STE #204, BETHESDA, MD 20814
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2022
$11,000,000
Minnick Oi LLC
Gunpowder Properties LLC
Deed
$8,262,573 · Burke And Herbert Bank And Trust Co
Nov 5, 2021
—
Gunpowder Properties LLC
—
Deed
related
$3,950,000 · Sandy Spring Bank
Oct 17, 2016
$1,754,400
Gunpower Properties LLC
Minnick-neale Ptshp
Grant Deed
$2,435,000 · M&t Bk
Nov 24, 2015
—
Minnick-neale Ptshp
Minnick William P
Quit Claim Deed
—
—
—
Minnick,william P Tr
—
Deed Of Trust
related
$1,040,000 · Neale Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5200 Minnick Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
